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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Sidelines Mode (+55) - SARJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SARJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SARJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SARJPY
Open High Low SARJPY Price Change
35.923276 35.929360 35.901589 35.913595 -0.009681
Entry Signal

MarketClub’s Trade Triangles for SARJPY

long term up The long-term trend has been UP since Feb 5th, 2021 at 28.172723

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2022 at 35.971254

short term up The short-term trend has been UP since Aug 4th, 2022 at 35.716823

Smart Scan Analysis for SARJPY

Based on our trend formula, SARJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.923276 35.929360 35.901589 35.913595 -0.009681
Prev. Close Volume Bid Ask Time
35.923276 2022-08-10 04:13:42
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